Cleary University

www.cleary.edu/

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2021 Undergraduate Tuition

$21,630

2021 Average Net Price

$17,978

After Financial Aid

2019 Student Loan

1.49%

Default Rate

2021 Acceptance Rate

75.9%

953 Applicants

2021 Enrolled Students

751

71.9% Full-Time

2021 Graduation Rate

44.9%

22 Graduates

About

Cleary University is a higher education institution located in Livingston County, MI. In 2021, the most popular Bachelors Degree concentrations at Cleary University were General Business Administration & Management (100 degrees awarded).

In 2021, 201 degrees were awarded across all undergraduate and graduate programs at Cleary University. 56.7% of these degrees were awarded to women, and 43.3% awarded men. The most common race/ethnicity group of degree recipients was white (131 degrees), 4.37 times more than then the next closest race/ethnicity group, black or african american (30 degrees).

The median undergraduate tuition at Cleary University is $21,630, which is $7,130 more than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at Cleary University is $21,630, which is $7,130 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $17,978.

In 2021, 86% of undergraduate students attending Cleary University received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Tuition Costs

$21,630

2021 Undergraduate Tuition

In 2021, the cost of tuition at Cleary University was $21,630. The cost of tuition at Cleary University is $7,130 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of Cleary University (in red) with those of other similar universities.

Average Net Price

$17,978

2021 Value

2.6%

1 Year Growth

In 2021 Cleary University had an average net price — the price paid after factoring in grants and loans — of $17,978. Between 2020 and 2021, the average net price of Cleary University grew by 2.6%.

This chart compares the average net price of Cleary University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$9,630

Room and Board

$1,404

Books and Supplies

The average yearly cost of room and board at Cleary University was of $9,630 in 2021. The cost of room and board increased by 12.1% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,404. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Cleary University (in red) with that of similar universities.

Financial Aid by Income Level

86%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

86% of undergraduate students at Cleary University received financial aid through grants or loans in 2021. This represents a decline of 8.51% with respect to 2020, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Cleary University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.49%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cleary University was 1.49%, which represents 3 out of the 201 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Cleary University received 953 undergraduate applications in 2021, which represents a 18.7% annual growth. Out of those 953 applicants, 723 students were accepted for enrollment, representing a 75.9% acceptance rate.

There were 751 students enrolled at Cleary University in 2021. 60% of first-time enrollees submitted SAT scores with their applications.

Cleary University has an overall enrollment yield of 27.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.9%

Acceptance Rate in 2021

723

Accepted Out of 953

In 2021, the undergraduate acceptance rate of Cleary University was 75.9% (723 admissions from 953 applications). This is higher than the acceptance rate of 2020, which was 65.3%. Between 2020 and 2021, the number of applicants grew by 18.7%, while admissions grew by 38%..

This chart compares the acceptance rate of Cleary University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

60%

Submission Percentage (2021)

Scores Submitted (2021)

60% of enrolled first-time students at Cleary University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Cleary University had a total enrollment of 751 students in 2021. The full-time enrollment at Cleary University is 540 students and the part-time enrollment is 211. This means that 71.9% of students enrolled at Cleary University are enrolled full-time.

The enrolled student population at Cleary University, both undergraduate and graduate, is 59.3% White, 14.6% Black or African American, 1.2% American Indian or Alaska Native, 0.799% Asian, and 0.533% Hispanic or Latino.

Students enrolled at Cleary University in full-time Undergraduate programs are most commonly White Male (38.8%), followed by White Female (21%) and Black or African American Male (10%). Students enrolled in full-time Graduate programs are most commonly White Male (39.1%), followed by White Female (25%) and Black or African American Male (7.61%).

Full-Time vs Part-Time Enrollment

71.9%

Full-Time Enrollment

The total enrollment at Cleary University in 2021, both undergraduate and graduate, is 751 students. The full-time enrollment at Cleary University is 540 and the part-time enrollment is 211. This means that 71.9% of students enrolled at Cleary University are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Cleary University (in red) compares to similar universities.

Retention Rate over Time

50%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Cleary University was 50%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Cleary University had a retention rate lower than its peers.

This chart shows the retention rate over time at Cleary University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
445 enrolled students
Black or African American
110 enrolled students
American Indian or Alaska Native
9 enrolled students

The enrolled student population at Cleary University is 59.3% White, 14.6% Black or African American, 1.2% American Indian or Alaska Native, 0.799% Asian, and 0.533% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2021, 27 more women than men received degrees from Cleary University. The most common race/ethnicity group of degree recipients at Cleary University is white (131 degrees awarded). There were 4.37 times more white recipients than the next closest race/ethnicity group, black or african american (30 degrees).

The most common Bachelor's Degree concentration at Cleary University is General Business Administration & Management (100 degrees awarded).

In 2021, the most specialized majors across all degree types at Cleary University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (201 degrees awarded).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cleary University are Accountants & auditors (1,009,935 people), Other managers (619,179 people), Financial managers (450,207 people), Chief executives & legislators (339,322 people), and Firstline supervisors of retail sales workers (243,992 people).

The most specialized majors at Cleary University in 2021 are Business (201 degrees awarded) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Cleary University are Surgeons, Physicians, Magnetic resonance imaging technologists, Chief executives & legislators, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Cleary University are Business (201 degrees awarded) (as of 2021).

Common Industries by Major

Banking & related activities

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Cleary University are Banking & related activities (454,296 people), Computer Systems Design (434,079 people), Elementary & secondary schools (424,297 people), Accounting, tax preparation, bookkeeping & payroll services (384,939 people), and Securities, commodities, funds, trusts & other financial investments (377,501 people).

The most specialized majors at Cleary University are Business (201 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Cleary University.

General Business Administration & Management

Most Common (2021)

100 degree-majors awarded

In 2021, the most common bachelors degree concentration at Cleary University was General Business Administration & Management with 100 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Cleary University according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

114

Degrees Awarded to Women

in 2021

In 2021, 87 degrees were awarded to men at Cleary University, which is 0.763 times less than the number of degrees awarded to females (114).

This chart displays the sex disparity between the top 5 majors at Cleary University by degrees awarded.

Most Common Male Majors

In 2021, 82 degrees were awarded to men at Cleary University in General Business Administration & Management, which is 0.804 times less than the 102 female recipients with that same degree.

Most Common Female Majors

In 2021, 102 degrees were awarded to men at Cleary University in General Business Administration & Management, which is 1.24 times more than the 82 male recipients with that same degree.

Time to Complete

12%

100% Completion Time

12%

150% Completion Time

In 2021, 12% of students graduating from Cleary University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 12% completed their degrees within 150% of the normal time, and 12% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2021 at Cleary University is Female and White (75% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
131 degrees awarded
Black or African American
30 degrees awarded
Asian
7 degrees awarded

The most common race/ethnicity at Cleary University is white (131 degrees awarded). There were 4.37 times more white recipients than the next closest race/ethnicity group, black or african american (30 degrees).

14.4% of degree recipients (29 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
74 degrees awarded
White Male
57 degrees awarded
Black or African American Female
24 degrees awarded

The most common race/ethnicity and sex grouping at Cleary University is white female (74 degrees awarded). There were 1.3 times more white female recipients than the next closest race/ethnicity group, white male (57 degrees).

Operations

Cleary University has an endowment valued at nearly $1.4M, as of the end of the 2021 fiscal year. The return on its endowment was of 169k (12.1%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Cleary University had a total salary expenditure of 11.7M. Cleary University employs 7 Associate professors. Most academics at Cleary University are Male Associate professor (4), and Female Associate professor (3).

The most common positions for non-instructional staff at Cleary University are: Management, with 11 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 11 employees, and Computer, Engineering, and Science with 5 employees.

Endowment

$1.4M

2021 Endowment

1.7%

growth from 2020

Cleary University has an endowment valued at about $1.4M, as of the end of the 2021 fiscal year. The endowment of Cleary University grew 1.7% from the previous year. The value of their endowment was $11.2M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Cleary University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

Salary Expenditure

$3.96M

2021 Salaries

14.3%

decline from 2020

In 2021, Cleary University paid a median of $3.96M in salaries, which represents 33.9% of their overall expenditure ($11.7M) and a 14.3% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$460k

Instructional Salaries

Number of Employees

In 2021, Cleary University paid a total of $460k to 7 employees working as instructors, which represents 11.6% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

7 Employees

Management

Most Common Non-Instructional Employee

11 Employees

In 2021, the most common positions for instructional staff at Cleary University was Associate professor with 7 employees.

In 2021, the most common positions for non-instructional staff at Cleary University were Management with 11 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 11 employees, and Computer, Engineering, and Science with 5 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Cleary University was Male Associate professor with 4 employees, and Female Associate professor with 3 employees.

This chart shows the sex split between each academic rank present at Cleary University.